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Upturn AI SWOT - About
Trane Technologies plc (TT)
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Upturn Advisory Summary
01/24/2025: TT (3-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
AI Based Fundamental Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Analysis of Past Performance
Type Stock | Historic Profit 22.63% | Avg. Invested days 45 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 01/24/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 76.63B USD | Price to earnings Ratio 30.1 | 1Y Target Price 398.9 |
Price to earnings Ratio 30.1 | 1Y Target Price 398.9 | ||
Volume (30-day avg) 1163065 | Beta 1.3 | 52 Weeks Range 283.51 - 419.99 | Updated Date 04/1/2025 |
52 Weeks Range 283.51 - 419.99 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 1.12% | Basic EPS (TTM) 11.35 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 12.94% | Operating Margin (TTM) 16.19% |
Management Effectiveness
Return on Assets (TTM) 10.95% | Return on Equity (TTM) 36.05% |
Valuation
Trailing PE 30.1 | Forward PE 26.67 | Enterprise Value 79809207850 | Price to Sales(TTM) 3.86 |
Enterprise Value 79809207850 | Price to Sales(TTM) 3.86 | ||
Enterprise Value to Revenue 4.02 | Enterprise Value to EBITDA 20.68 | Shares Outstanding 224291008 | Shares Floating 223613605 |
Shares Outstanding 224291008 | Shares Floating 223613605 | ||
Percent Insiders 0.26 | Percent Institutions 88.46 |
Analyst Ratings
Rating 3.44 | Target Price 414.18 | Buy 2 | Strong Buy 7 |
Buy 2 | Strong Buy 7 | ||
Hold 16 | Sell - | Strong Sell 2 | |
Strong Sell 2 |
Upturn AI SWOT
Trane Technologies plc
Company Overview
History and Background
Trane Technologies plc, formerly Ingersoll-Rand, has a history spanning over 100 years. The company evolved through mergers and acquisitions, focusing on climate control solutions and sustainable technologies. The current iteration reflects a strategic shift towards environmentally responsible products and services.
Core Business Areas
- HVAC: Designs, manufactures, and services HVAC systems and solutions under brands like Trane and American Standard, catering to residential, commercial, and industrial markets.
- Transport Refrigeration: Provides transport refrigeration solutions under the Thermo King brand, serving the trucking, trailer, bus, and rail industries. Focuses on temperature-controlled transport of perishable goods.
- Industrial Technologies: This segment was divested in 2020. Previously provided industrial products and services.
Leadership and Structure
Trane Technologies is led by CEO Dave Regnery. The organizational structure is divided into business segments, each with its own leadership team, reporting to the corporate headquarters.
Top Products and Market Share
Key Offerings
- HVAC Systems (Trane): Residential and commercial HVAC systems, including air conditioners, furnaces, heat pumps, and controls. Trane holds a significant market share in North America and globally. Competitors include Carrier (CARR), Lennox (LII), and Daikin. Difficult to pinpoint market share due to varied definitions.
- Transport Refrigeration Units (Thermo King): Refrigeration units for trucks, trailers, and other transport vehicles. Thermo King holds a leading market share in transport refrigeration globally. Competitors include Carrier Transicold, and Schmitz Cargobull.
Market Dynamics
Industry Overview
The HVAC and transport refrigeration industries are experiencing growth due to increasing urbanization, rising global temperatures, and the growing demand for temperature-controlled transport of food and pharmaceuticals. Regulations promoting energy efficiency and environmentally friendly refrigerants are also shaping the market.
Positioning
Trane Technologies is a leading player in the HVAC and transport refrigeration markets, with a strong brand reputation, a global presence, and a focus on sustainable solutions. Its competitive advantages include its broad product portfolio, technological expertise, and strong distribution network.
Total Addressable Market (TAM)
The global HVAC market is estimated to be around $300 billion and the global transport refrigeration market is estimated to be about $15 Billion. Trane Technologies is well-positioned to capitalize on this TAM, with its broad product portfolio and global presence.
Upturn SWOT Analysis
Strengths
- Strong brand reputation (Trane, Thermo King)
- Global presence and distribution network
- Technological innovation in sustainable solutions
- Diversified product portfolio
- Strong financial performance
Weaknesses
- Exposure to cyclical economic conditions
- Dependency on raw material prices
- Price competition in certain markets
Opportunities
- Growing demand for energy-efficient HVAC systems
- Expansion into emerging markets
- Development of new refrigeration technologies
- Increasing adoption of smart building technologies
- Government incentives for green technologies
Threats
- Intense competition from established players
- Fluctuations in raw material prices
- Changing regulatory landscape
- Economic downturns
- Disruptive technologies
Competitors and Market Share
Key Competitors
- CARR
- LII
- DAIKIN
Competitive Landscape
Trane Technologies has a strong competitive position due to its brand reputation, global presence, and focus on sustainable solutions. However, it faces intense competition from established players like Carrier and Daikin.
Major Acquisitions
Thermokold
- Year: 2023
- Acquisition Price (USD millions): 279
- Strategic Rationale: Expanded its portfolio of sustainable cold chain solutions for the life sciences industry.
Growth Trajectory and Initiatives
Historical Growth: Consistent growth in revenue and earnings over the past 5-10 years, driven by organic growth and acquisitions.
Future Projections: Analysts project continued growth in revenue and earnings, driven by increasing demand for sustainable HVAC and transport refrigeration solutions. Projected growth rates in the mid-single digits.
Recent Initiatives: Investments in R&D, acquisitions of companies specializing in sustainable technologies, and expansion into new markets.
Summary
Trane Technologies is a strong player in the HVAC and transport refrigeration markets, benefiting from its strong brand and global presence. The company's focus on sustainability positions it well for future growth, though cyclical economic conditions and competition remain key risks. TT's strong balance sheet and dividend history are appealing. The company should closely watch regulatory shifts.
Similar Companies
- CARR
- LII
- DOV
- HON
Sources and Disclaimers
Data Sources:
- Company Filings, Analyst Reports, Industry Publications
Disclaimers:
The information provided is for informational purposes only and does not constitute investment advice. Market data can change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Trane Technologies plc
Exchange NYSE | Headquaters - | ||
IPO Launch date 1985-07-01 | Chairman of the Board & CEO Mr. David S. Regnery | ||
Sector Industrials | Industry Building Products & Equipment | Full time employees 45000 | |
Full time employees 45000 | |||
Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, cold storage, and condensing units; controls contracting and commissioning, decarbonization programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators; energy storage; furnaces; home automation; humidifiers; HVAC performance-monitoring products; and indoor air quality assessments and related products for HVAC and transport solutions. The company also provides asset management, building management, bus air purification, bus and rail HVAC, container refrigeration, control, cryogenic refrigeration, ductless, geothermal, data center and multi-pipe HVAC, package heating and cooling, rail refrigeration, residential air filtration, self-powered truck refrigeration, temporary heating and cooling, truck refrigeration, unitary, variable refrigerant flow, and trailer refrigeration systems. In addition, it offers industrial process refrigeration, installation contracting, lighting retrofit, medical grade refrigeration, refrigerant reclamation, renewable energy and storage, residential hybrid heating, telematics, thermostats/controls and associated digital, and ventilation solutions; packaged rooftop units; rate chambers; residential air filters; thermal energy storage; transport heater products; ultra-low temperature freezers; energy infrastructure programs and management, repair and maintenance, smart and AI-enabled, and rental services; and water source heat pumps, as well as aftermarket and OEM parts and supplies. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. The company was founded in 1885 and is headquartered in Swords, Ireland.
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